RE: Why Switch From Bitcoin (BTC) To Bitcoin Cash? 31,000 Restaurants Using BCH & More Bitcoin Cash News
Another week, another batch of clueless hucksterism from our favorite "CEO" of shitcoinia - Roger Ver!
He has no comment on the soon-to-be-failed Bitmain IPO, no comment on the impending multi-fork event for BCash, no comment on how he handled himself at the "debate" - shouting over Jimmy Song along with his paid-for peanut gallery.
Its just the standard operating procedure for someone becoming progressively more desperate. He needs SOMETHING to happen, because Roger knows that BCash is slipping into irrelevancy.
Their relative hashrate is STILL struggling to get over 10%, and most times is under that amount - even slipping under 5%. That is the true metric of any cryptocurrency, whether you can maintain the security of your chain.
Well, Roger isn't going to have much security left after Coingeek/Calvin Ayre jumps ship with Craig "Faketoshi" Wright. How bad is it going to be once about 26 - 30% of BCash hashing power leaves?
It opens them up to all kinds of technical attacks, noteably the ability to be forked by a 51% attack -- then the attacker could make all of the BCash basically worthless by changing the consensus rules.
Its all coming to a head for Roger, but he's too busy acting like a jackass on cruises and pumping his BCash bags at different conferences to care much.
I wonder when the lawsuits will start after everyone loses everything they've had. Being the face of a coin may sound like fun, but after this is said and done Roger Ver will have to go into hiding.
It will be worse than Bitconnect, worse then Gox imploding, worse then any of the ICO scams.
And it couldn't happen to a more deserving psychopathic, ethically bereft grifter than Roger Ver.